High Rental Yield Investment Properties for Sale in Concord, MI
Listed for sale 5 days ago
$ 179,500
ROI
23.5
Cash Flow/m
189- 4 Bed
- 2 Bath
- 2640 sft
119 Homer Rd, Concord, MI, 49237
$ 259,900
ROI
20.9Cash Flow/m
81- 4 Bed
- 3 Bath
- 1900 sft
130 S Concord St, Concord, MI, 49237
$ 179,900
ROI
29.6Cash Flow/m
492- 3 Bed
- 1 Bath
- 1376 sft
131 N Concord St, Concord, MI, 49237
$ 339,900
ROI
20.8Cash Flow/m
94- 3 Bed
- 3 Bath
- 2656 sft
527 Aldrich St, Concord, MI, 49237
Why Invest in Concord, Michigan?
Investing in Concord, MI offers attractive opportunities with a high rental yield that appeals to income-focused investors. The city boasts an average ROI of 8.5% and a rental yield around 9%, supported by a stable cap rate of 7%. Investors benefit from average monthly rents near $900 and steady appreciation rates at 3% annually. Renter occupancy is strong at 85%, reflecting robust demand in this Michigan market.
8.5%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Concord offers a solid rental yield around 9%, combined with steady tenant demand and affordable property prices. The presence of local employers and a steady population growth supports consistent cash flow for investors.
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